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Description
The 21Shares Avalanche ETP (Ticker: AVAX) seeks to track the investment results of Avalanche.
Objective
AVAX is designed to give investors the easiest and safest way to invest in Avalanche, the open-source platform for decentralized finance applications and enterprise blockchain deployments.
Benefits
Securitization
21Shares ETP is accessible like stocks on a major exchange with no special set up needed.
Simplicity
Plain vanilla structure with performance directly linked to Avalanche without leverage.
Collateralization
21Shares holds the underlying crypto assets in cold storage equal to 100% of the value of the notes at all times.
Safety
Institutional grade security and custody solution using a variety of safety measures including cold-storage, multiple private keys, whitelisting and audit trails.
Key Information
Name | 21Shares Avalanche ETP |
Inception Date | Nov 18, 2021 |
Issuer | 21Shares AG |
AUM | $1,921,817 |
Securities Outstanding | 1120000 |
NAV | $1.72 |
Fee | 2.5% |
Lending Eligible | No |
Ticker Symbols
Ticker | AVAX |
Valor | 113520208 |
ISIN | CH1135202088 |
Reuters | AVAX.S |
WKN | A3GVVT |
iNAV | DE000SL0DRK1 |
Bloomberg | AVAX.SW |
Compare AVAX to:
Cumulative%
As of Sep 28, 2023Trading Information
Underlying Assets
Jane Street